State Bank of Eagle Butte: how it compares with its peers
Against 16 SD banks with half to twice its assets, State Bank of Eagle Butte's strongest measure in Q2 2026 is net interest margin (5.97% vs. a 3.72% peer median). Its weakest relative measure is efficiency ratio (78.11% vs. 57.95%).
| Measure | State Bank of Eagle Butte | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.08% | 1.73% | Bottom third Ahead of 31% of peers |
| Net interest margin Annualized net interest income over earning assets. | 5.97% | 3.72% | Top third Ahead of 94% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 78.11% | 57.95% | Bottom third Ahead of 6% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $4.0M | $8.2M | Bottom third Ahead of 6% of peers |
| Loans to deposits Net loans and leases over total deposits. | 42.54% | 59.97% | Context |
What it means for lending operations
Its efficiency ratio of 78.11% is above the 57.95% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Farmers State Bank of Canton Canton, SD · $82M
- Western Dakota Bank Timber Lake, SD · $86M
- Ipswich State Bank Ipswich, SD · $74M
- Community Bank Avon, SD · $69M
- The Security State Bank Emery, SD · $65M
- First Western Federal Savings Bank Rapid City, SD · $64M
Questions about State Bank of Eagle Butte
How big is State Bank of Eagle Butte?
State Bank of Eagle Butte, established in 1960, is headquartered in Eagle Butte, SD. It reported $80M in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is State Bank of Eagle Butte's return on assets?
1.08% annualized in Q2 2026, against a 1.73% median for 16 SD banks with half to twice its assets, ahead of 31% of them.
What is State Bank of Eagle Butte's efficiency ratio?
78.11% in Q2 2026: it spent about 78 cents in noninterest expense for each dollar of revenue. The peer median is 57.95%, and lower is better.
Is State Bank of Eagle Butte growing its loans?
Net loans shrank 0.9% over the year to Q2 2026, while deposits grew 1.9%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are SD banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every South Dakota bank ranked.